President Marcos departed for his first state visit to Japan on Tuesday afternoon, May 26, stressing that the trip to Tokyo is an “essential” undertaking amid increasingly challenging global issues. The plane carrying Marcos and his delegation left the Villamor Airbase at 1:36 p.m. In his...
The Armed Forces of the Philippines (AFP) on Tuesday, May 26, signaled a broader push to strengthen the country’s coastal defense capability as President Ferdinand Marcos Jr. left for a four-day state visit to Japan that is expected to deepen Manila and Tokyo’s security ties. AFP spokesperson...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
State-run Maharlika Investment Corp. (MIC), which manages the country ’s first sovereign wealth fund (SWF), has signed a cooperation agreement with key government energy agencies to modernize and rehabilitate the aging power transmission system of Mindoro Island, with officials aiming to...
Local demand for cement is projected to decline this year as construction of government projects slows amid a tighter spending plan following a massive corruption scandal, according to the Cement Manufacturers Association of the Philippines Inc. (CeMAP). CeMAP president John Reinier Dizon said the...
In many sari-sari stores, a familiar sign reads: “Your credit is good, but we need cash.” While it may sound humorous, this statement reflects a practical truth in the business world—whether for a small enterprise or a large conglomerate: cash flow determines a business’s survival. Profit...
For its 21st edition, Virgin Labfest is going all the way with its theme, “Hubo’t Hubad.” Hubo’t hubad’s literal translation is to be completely naked. When one is stripped down to their bare skin, they are fully presented and have nothing to hide. Similar to how this year’s 12 selected...
Early this month, Oscar-winning actress Melissa Leo famed for her role in “21 Grams,” “Frozen River,” “The Fighter,” “The Most Hated Woman in America,” among others, was in town for a week to mentor young talents from Star Magic, Sparkle, Star Worx, and the Aktor PH Guild in...
Metro Manila’s retail sector is posting a measured post-pandemic recovery as mall vacancies continue to decline, although rising geopolitical tensions in the Middle East threaten to dampen consumer spending and delay a full rebound in the industry, according to property consultancy Colliers...
National Grid Corporation of the Philippines (NGCP) requested a formal police investigation into a suspected act of sabotage that severed a critical 500-kilovolt transmission line and deepened the power shortage across the country. The grid operator sent a letter dated May 15 to Philippine National...
The Armed Forces of the Philippines (AFP) said strong public backing for the country’s position in the West Philippine Sea (WPS) has strengthened its resolve to resist “coercive and illegal actions” by China in the country’s waters. AFP spokesperson for the WPS, retired admiral Roy Vincent...
Nestlé Philippines and Robinsons Supermarket are modernizing the approach to plastic recovery by deploying 10 reverse vending machines across select branches in NCR. In partnership with Restore Solutions PH and supported by Robinsons Malls, the project provides consumers with a practical,...
